Lucky Investments awarded AM2 rating

KARACHI: Lucky Investments Limited has been awarded an initial asset manager rating of ‘AM2’ with a positive outlook by the Pakistan Credit Rating Agency Limited (PACRA), said a press release on Monday.

Mohammad Shoaib, CEO of Lucky Investments, expressed, “This rating reflects our strong sponsor support, governance, and professional management. We are committed to maintaining high standards and earning stakeholder trust.”

Pacra’s rating highlights the company’s strong capital base and active sponsor involvement. The positive outlook reflects confidence in Lucky Investments’ forward-looking initiatives and its commitment to professionalism, innovation and industry best practices, the statement read.